The Ninth Circuit on Monday tossed a suit brought by the Federal Trade Commission accusing AT&T Mobility LLC of illegally slowing internet service to unlimited data customers, determining that the telecommunications giant is a common carrier exempted under the FTC Act.
Mondelez International has abandoned its pursuit of The Hershey Co., the company said Monday, after determining that its efforts to acquire the chocolate maker have become futile.
Barclays PLC's former global head of its foreign exchange spot business should be fined $1.2 million and banned from the banking industry after using chat rooms with competitors to manipulate the market, the Federal Reserve Board said Monday.
A former Chicago transportation official convicted of accepting bribes from a notorious city contractor was sentenced to 10 years in prison Monday by an Illinois federal judge who said the scheme was the latest to chip away at public trust in the city.
Andrews Kurth LLP has snapped up the attorneys who remained at struggling intellectual property boutique Kenyon & Kenyon LLP, the firm said Monday, in a deal that brings 55 additional intellectual property attorneys into the fold of the Houston-based international law firm.
Mylan NV will be releasing a $300 generic for its epinephrine injector EpiPen in the next few weeks, the company said Monday following harsh public scrutiny about the ever-increasing price of the emergency allergy medication.
HSBC Card Services Inc. has agreed to pay $13 million to resolve a consolidated proposed class action accusing the company of unlawfully recording debt-collection calls without the consent of consumers, according to documents filed Friday in California federal court.
By Ed Beeson